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Primary source

Thailand luxury goods market size

~THB 210B

As ofFY2024·Sources3·Primary

Thailand's 2024 luxury goods market (~USD 6B) per Bain-Altagamma, Euromonitor Thailand, SCB EIC luxury-tourism triangulation.

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Figure in context

Thailand's 2024 luxury goods market (~USD 6B) per Bain-Altagamma, Euromonitor Thailand, SCB EIC luxury-tourism triangulation.

Thailand's 2024 luxury goods market (~USD 6B) per Bain-Altagamma, Euromonitor Thailand, SCB EIC luxury-tourism triangulation.

Time scope

FY2024

Source basis

Primary source

Interpretation notes

What this tells you

Thailand's 2024 luxury goods market (~USD 6B) per Bain-Altagamma, Euromonitor Thailand, SCB EIC luxury-tourism triangulation.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

Related figures

Adjacent numbers that add context without drowning the value.

FY2024
~32%

Leather, handbags share

Bain-Altagamma, Euromonitor

FY2024
~22%

Ready-to-wear, shoes share

Euromonitor Thailand

FY2024
~20%

Watches, jewellery share

Bain-Altagamma, King Power, DFS

FY2024
~14%

Luxury beauty, fragrance share

Euromonitor, King Power

Report context

Thailand Luxury & Premium Goods Market Intelligence

Thai luxury goods market ~THB 210B (~USD 6B) in 2024 per Bain-Altagamma, Euromonitor Thailand, SCB EIC luxury tourism triangulation. Bangkok anchors: Central Embassy, Central Chidlom (Central Retail SET: CRC), Siam Paragon Luxury, ICONSIAM (Siam Piwat), EmQuartier, EmSphere, Emporium (The Mall Group). Duty-free: King Power, DFS Thailand (downtown, airport). LVMH, Richemont, Kering, Prada, Hermès, Chanel, Hugo Boss, Tod's, Bottega Veneta, Louis Vuitton operate monobrand stores. Leather, handbags ~32%, ready-to-wear, shoes ~22%, watches, jewellery ~20%, luxury beauty, fragrance ~14%, wines, spirits, lifestyle ~12%. Chinese outbound shopping recovery, international arrivals, domestic Thai HNW demand drive growth; resale, digital, daigou are emerging channel shifts.

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Atlas actors in this figure's reports

Profiles covered in the report that cite this number.

Airports of Thailand

Thailand's gateway monopoly — every international visitor flies through an AOT airport.

Central Pattana

Thailand's largest commercial-real-estate developer; ~40 malls, mixed-use, Dusit Central Park JV; FY2024 revenue ~THB 48B; Central Group listed vehicle.

Central Retail Corporation

Omnichannel incumbent defending digital share against marketplace platforms.

Siam Pharmaceutical

Leading private Thai generics, OTC manufacturer since 1939; hospital, retail, wholesale channel depth.

Thailand luxury goods market size · Insight